MRL3701

MRL3701 LATEST EXAM PACK

MRL3701 LATEST EXAM PACK 2026[DETAILED QUESTIONS AND CORRECT ANSWERS PROVIDED]

MRL3701 LATEST EXAM PACK 2025/2026 [DETAILED QUESTIONS AND ANSWERS]

MRL3701 Latest Exam pack 2025(Questions and answers)

MRL3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2025 - DUE 9 September 2025

MRL3701 EXAM PACK {UPDATED QUESTIONS AND ANSWERS}

.The requirement of “advantage to creditors” is more strenuous in Voluntary Surrender than in Compulsory Sequestration. Explain the reasons for this statement. Explain the purpose of a sequestration order. (5) 1.2 “A sequestration order may not be granted if a debtor has only one creditor and there are not enough assets to cover the costs of sequestration.” Indicate whether this statement is true or false, and then provide the reasons for your answer. (5) 1.3 David approaches you for adv...

QUESTION: Bongani is experiencing financial difficulty. He has failed to pay his debts over the past few months, and his liabilities have exceeded his assets since 28 October 2024. Bongani owes a total of R2 500 000 to his creditors, including Flora to whom he owes R280 000. Although this debt was due and payable to Flora on 8 January 2024, Bongani failed to pay the debt. Frustrated by not having been paid back, Flora undertook an investigation into Bongani’s financial situation. She has estab...

QUESTION: Bongani is experiencing financial difficulty. He has failed to pay his debts over the past few months, and his liabilities have exceeded his assets since 28 October 2024. Bongani owes a total of R2 500 000 to his creditors, including Flora to whom he owes R280 000. Although this debt was due and payable to Flora on 8 January 2024, Bongani failed to pay the debt. Frustrated by not having been paid back, Flora undertook an investigation into Bongani’s financial situation. She has estab...

QUESTION: Bongani is experiencing financial difficulty. He has failed to pay his debts over the past few months, and his liabilities have exceeded his assets since 28 October 2024. Bongani owes a total of R2 500 000 to his creditors, including Flora to whom he owes R280 000. Although this debt was due and payable to Flora on 8 January 2024, Bongani failed to pay the debt. Frustrated by not having been paid back, Flora undertook an investigation into Bongani’s financial situation. She has estab...